News from the Delaware Credit Union League Winter 2006 - 2007

DELAWARE CREDIT UNION LEAGUE’S
49TH ANNUAL MEETING & TRADE SHOW

   Get ready to immerse yourself in the 2007 Credit Union Royale at the Delaware Credit Union League’s Annual Meeting and Trade Show. The event will again be held at the Baycenter in Dewey Beach on April19-21.

    This year’s theme is a spoof of the popular secret agent movies. The organizer of this year’s event, Jane Blonde, carries the alias of Agent 2007. Her mission, in conjunction with other League staff, is to provide you with the most up-to-date products, services, and credit union information during this three-day event.

    Thursday, April 19, participants will be able to put their golf skills to the test at the annual golf outing, held at the Rookery in Milton. That evening, CUNA Mutual Group will sponsor a decision-maker’s reception at the Crabbers’ Cove.

    To help credit unions rise to the challenges they face today, the League will host the traditional trade show, with many products and services to provide to your members.

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VOLUNTEERS MAKE CREDIT UNIONS WORK

[This article was first published in the Delaware League’s annual “Credit International Credit Union Day Supplement” on October 18, 2005. The article has been updated to include volunteers that credit unions identified after the article appeared. We apologize to any volunteers who are not listed. Also in the past year, several volunteers have retired and a few have passed away. However, we continue to pay tribute to all these individuals and their service to Delaware credit unions.]

   They’ve been called the backbone of the credit union movement, the unsung heroes of a business that uses democracy and service as its guiding principle: volunteers. In Delaware, nearly 500 people donate their time and expertise to credit unions, and nationwide the number is over 107,500.

   How much is that worth? Recent statistics by the Independent Sector says each volunteer hour is worth $18.04 (based on the average hourly wage of non-management workers from the Bureau of Labor statistics). However, the monetary value is even greater in that credit union volunteers receive no remuneration for their service, as compared to the directors of banks. Since credit unions are non-profit financial cooperatives, this additional savings eventually returns to the credit unions’ members.

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Interview with League Chairman Joel Romaine
- page 5

Shred Events Are a
Big Success

- page 7

Credit Union House Sustained with Gifts
- page 8

2006 Credit Union
Honor Roll

- page 9

Your CU Staff Needs Compliance Training
- page 11

CUs Must Employ Progams to Protect Member Information
- page 12

New CUNA Learning Programs
- page 13

Delcu News Archives
Mark your calendar!
April 19-21
League Golf Outing, Annual Meeting & Trade Show,
Dewey Beach
October 26-28
Volunteer Leadership Conference, Clarion Hotel, Ocean City, MD
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